News

Sanwo-Olu To Scrap Pension For Ex-Govs, Deputies

Sanwo-Olu To Scrap Pension For Ex-Govs, Deputies

 

 

 

Governor of Lagos State, Babajide Sanwo-Olu on Tuesday announced his intention to repeal the Public Office Holder (Payment of Pension Law 2007), which provides for payment of pension and other entitlements to former Governors and their Deputies.

He made this known while presenting the 2021 budget to the Lagos State House of Assembly.

Sanwoolu said the bill would be sent to the Lagos Assembly for legislative approval.

According to Sanwo-Olu, the abolition of pension for former governors and deputies will reduce the cost of governance.

He said, “Mr. Speaker and Honourable Members of the House, in light of keeping the costs of governance low and to signal selflessness in public service, we will be sending a draft executive bill to the House imminently for the repeal of the Public Office Holder (Payment of Pension Law 2007), which provides for payment of pension and other entitlements to former Governors and their Deputies.”

The Lagos House of Assembly had passed a pension bill for erstwhile governors and their deputies.

According to the law, the governor is entitled to N30 million pension annually, a house in Lagos and Abuja, six brand new cars every three years, medical allowances in any part of the world and other allowances.

This is as a Federal High Court’s had stopped such payment across the states.

The decision of the Federal High Court in Lagos directing the Attorney-General of the Federation, Abubakar Malami, to review pension laws of various states was sequel to a suit filed by SERAP.

The House of Assembly in Zamfara had repealed the state’s pension law in response to the court’s ruling.

Angela Davies

Recent Posts

Fidelity Bank To Give Out N159 Million In GAIM 6 Promo

Fidelity Bank is set to give out N159 million in its GAIM 6 promo.  …

3 hours ago

Zenith Tech Fair 4.0 Concludes With Hackathon Winners Receiving N77.5M In Cash Prizes

Zenith Tech Fair 4.0 has concluded, with hackathon winners receiving N77.5M in cash prizes.   Glamtush…

5 hours ago

PHOTOS: Davido Receives Luxury Car From Auto Firm For 32nd Birthday

Davido has received a luxury car from an auto firm for his 32nd birthday.  …

1 day ago

VIDEO: How Primate Ayodele Foretold Simon Ekpa’s Arrest In 2023

Simon Ekpa, a Finnish-Nigerian separatist agitator and self-proclaimed Prime Minister of the Biafra Republic Government…

1 day ago

Speaker Obasa Clarifies Negative Perceptions As Sanwo-Olu Presents 2025 Budget

Accuses detractors of peddling news of alleged governorship ambition.   Speaker of the Lagos State…

1 day ago

Simon Ekpa, Four Others Arrested In Finland Over Terrorism Activities

Simon Ekpa and four others have been arrested in Finland over terrorism activities.   Glamtush…

1 day ago